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OILITRADINGINSIDER.BLOGSPOT.COM
A GUIDE TO MAKE A LIVING TRADING OIL FUTURES
Wednesday, March 25, 2009
4:16 what to do what to do!
Not much really this strength continues to not make a whole lot of sense so we just recognize
the ranges and trade-We don't take it personally we don't even care which way it goes as long as it is our way. Here we are short again 52.90 you are up a hundred buck at 52.80 you can move you stop down a hair to 53 and ride this for a mini-shot. I trade for halves and like clockwork i usually will take the $500 if it sees 52.40 Sometimes when I get ahead i will drop the stop like i told you to protect profits but not cover if it goes to 52.45 i will move my stop to 52.50 thereby putting guarantee on at least $400 clams without cashing i the whole seafood dinner
we are no longer in open outcry mode so the spreads get wider and in the absence of news oil
tends to spill or drift up or down with the futures with speculation etc etcetera. So ride this last play with last nights over night you should have made a pretty penny.
For all my readers and newly joined members I feel a sense of commitment to keep you in touch and give the best advice and even let you in as I trade so you can just follow me if you wish. The idea is for us all to make money and I can't think of a better way than trading!
Still some memberships left but down to 80 and when they go we will go to delayed publishing which will be much less help. It is only a dollar a day in the last three days and I have guided you guys to what would equate to a reasonably nice used car in that same span. $90 is well worth the three month investment as I will do all your homework and lead you to the green.
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monday morning may future
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top horiz-54.37 middle line 51.74
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Saturday close 52.40
this is working out nicely move stop again 52.5
not bad dad!
stop right there market summary
midday update
morning glory
news on the overnight
4:16 what to do what to do!
easy money
midday play
overnight that's right i'm right
overnight down drift
testing
80% percent results a winning formula
midday madness
Swim the channel
Well we got our 54 price off and we were tempted t...
340 market up 440
319 last trade untill overnight positioning
here we go again 2:25 market up 305
both sides of the toxic avenger-always use 1/4 poi...
midday chart for may oil
market now up 291
oil finally moves with market
buy channel close look at May
Return of the toxic bank
Futures gap up! 745 AM oil sits this one out
by the way
there is more where that came from!
at some point
Get your membership now only 92 memberships left a...
time is running out for this limited membership
it's not coincidence
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About Me
oiltradinginsider
new york, new york, United States
technical and fundamental coupled with most recent economic data -2 major postings a day 8 AM and 8 PM many days supplemental posting so keep it linked to your page
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